Hedge Fund Accuses Investors Of Stock Manipulation

Law360, New York (September 25, 2009, 4:05 PM EDT) -- Hedge fund manager Alki Partners LP has accused a group of investors — including noted young German entrepreneur Lars Windhorst — and Credit Suisse Group AG of engaging in a “classic pump and dump” scheme by manipulating the stock price of criminal monitoring device company RemoteMDX Inc., costing the fund more than $10 million in losses.

Alki and Alki Fund Ltd. filed suit Wednesday in the U.S. District Court for the Southern District of New York, contending that Windhorst and others — including Robert B. Hersov,...
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